Muthoot Pappachan Group

Muthoot Pappachan Group

Type	Public
Industry	Financial services, Hospitality, Real Estate and Infrastructure, Automotive, IT Services, Global Services, Precious Metals, Alternate Energy, Health Care, Security Services
Founded	1887
Headquarters	Trivandrum, Kerala, India
Area served	India & Middle East
Key people	Ninan Mathai Muthoot ( Patron Founder ) Muthoot Pappachan (Mathew M Thomas) (Founder) Thomas John Muthoot ( Chairman & MD) Thomas George Muthoot (Director) Thomas Muthoot ( Executive Director)
Number of employees	20000
Website	www.muthoot.com

Muthoot Pappachan Group (MPG), founded in 1887, is an Indian business house headquartered in Kochi, Kerala, India. It encompasses several businesses, including financial services, automotive dealerships, hospitality, real estate, entertainment, and health services.

Businesses

• Muthoot Capital Services was listed on the Bombay Stock Exchange and offers loans for the purchase of vehicles. The company is licensed by RBI to accept deposits and offers deposit products. MCSL is active in retail financing and works with borrowers in rural and semi-urban areas.^[1]

• Muthoot Housing Finance Company Ltd caters mainly to the housing finance requirements of customers in the middle and lower income category.^[2] It has a division called Muthoot MahilaMitra which offers microloans to women.^[3]

• Muthoot Gold Point in Coimbatore buys scrap, old and used gold items directly from end customers.^[4]

• Muthoot Risk Insurance and Broking Services Pvt. Ltd offers various forms of insurance.^[5]

• Muthoot Pappachan Technologies (P) Ltd. provides IT support to the group's companies.^[6]

• The automotive division sells cars across Calicut, Ernakulam, Kollam and Trivandrum districts.^[7]

• The group has a hospitality division that owns hotels and provides catering services to airlines.^[8][9][10]

In 2014 the group began sponsoring the Kerala Blasters FC football club.^[11]

References

1. "Overview". Muthoot Pappachan Group. Retrieved 6 December 2014.
2. "Muthoot enters housing finance". Business Standard. 11 January 2013.
3. "Muthoot Mahila Mitra: Financing Friends In Need". Retrieved 24 September 2012.
4. "Muthoot Exim Pvt Ltd forays into gold recycling business segment". EcoNomic Times. Retrieved 3 November 2013.
5. "MUTHOOT RISK INSURANCE AND BROKING SERVICES PRIVATE LIMITED". CorporateDir. Retrieved 23 January 2015.
6. "Muthoot Pappachan Technologies Ltd". Retrieved 21 January 2015.
7. "The Best in Wheels: Muthoot Automotive Muthoot JLR". Retrieved 24 September 2012.
8. "MPG's Blue Carpet: MPG Hospitality". Retrieved 24 September 2012.
9. "Muthoot Pappachan group plans two hotels in Chennai". The Hindu Business Line. 23 December 2009.
10. "Trivandrum gears up for Hilton's first". Voyager World. 19 December 2013.
11. "Muthoot Pappachan Group bags title sponsorship of Kerala Blasters FC". 29 September 2014. Retrieved 30 September 2014.